by Staff Writers
Tucson AZ (SPX) Apr 11, 2011
Raytheon has been awarded $42 million for the initial concept development and program planning for the Standard Missile-3 Block IIB, which is the Missile Defense Agency's next-generation Aegis missile.
"Raytheon is the lowest-risk, lowest-cost, most-technically capable provider of missile defense solutions," said Frank Wyatt, vice president of Raytheon's Air and Missile Defense Systems product line. "SM-3 has successfully defeated 18 incoming ballistic missile threats in realistic test scenarios; it's in a class by itself. Spiral development of the Standard Missile program is the right choice for developing and delivering this capability for the country."
Raytheon's Standard Missile-3 family is a core element of the administration's Phased Adaptive Approach for missile defense. Raytheon engineers have decades of experience in radars, airborne and space-based sensors, interceptors and kill vehicles.
"Raytheon's SM-3 has an exceptional success rate, which is a tribute to all the engineers who have designed and built the system," said Ed Miyrashiro, vice president of Raytheon Missile Systems. "We will continue to build upon our extensive experience, tools and lessons learned to provide the Missile Defense Agency and our nation the best possible missile defense solutions."
Raytheon has delivered more than 130 SM-3s ahead of schedule and under cost as part of its contract with the Missile Defense Agency.
Learn about missile defense at SpaceWar.com
All about missiles at SpaceWar.com
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement|